From TIGSource:
My Little Pony: Fighting is Magic - is a fighting fan game that’s currently under development. Created using 2d Fighter Maker 2002, MLP:FIM will eventually feature 17 ponies from the popular animated show. Each character has its own unique movelist that includes launchers and special magic attacks. The developers have said the game, which uses four buttons, most closely resembles Marvel vs. Capcom in design.
No release date for the game has been set, nor is any demo currently available.
http://www.tigsource.com/2012/07/25/preview-fighting-is-beautiful/
